FRANCE - Alto Invest et al. invest EUR 3m into Wanimo
Alto Invest has provided EUR 2m as part of a EUR 3m second round of financing for Wanimo.com, with the balance provided by returning investors Alven Capital and Entrepreneur Venture.
Established in April 2000, Lyon-based Wanimo produces high-quality animal nutrition products and accessories, which it distributes through the internet. The company expects to generate EUR 8m of turnover in 2009.
Alven and Entrepreneur Venture previously invested EUR 2m into the business in 2006.
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